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Little Egg Harbor Homes for Sale - Housing Market Trends July, 2009

By
Real Estate Agent with Keller Williams Realty - Atlantic Shore
Homes for Sale in Little Egg Harbor, NJ
Housing Market Trends
July, 2009

Fewer homes for sale in Little Egg Harbor were listed in July, 2009 than any other month this year.  That means with fewer homes for sale in Little Egg Harbor, prices should begin to stabilize.  The number of listings of homes for sale in Little Egg Harbor that either expired or were withdrawn from the Multiple Listing Service is also on the rise, contributing to the smaller inventory of single family homes on the market.  Total inventory of homes for sale in Little Egg Harbor, though it varies day to day, is running about 350, while last summer inventory was well over 400 residential single family units.

 Little Egg Harbor New
Listings
Under
Contract
Expired &
Withdrawn
Sold Days on
Market
Median
Sold Price
January, 2009 83 19 75 10 132 $214,500
February, 2009 79 29 49 8 111 $233,000
March, 2009 61 18 47 16 133 $195,500
April, 2009 79 26 54 17 117 $213,000
May, 2009 68 30 56 23 125 $170,000
June, 2009 92 39 61 26 122 $240,000
July, 2009 55 35 66 25 127 $185,000
 
Compare the figures on market trends in Little Egg Harbor to those from 2008.
Little Egg Harbor  New
Listings
Under
Contract
Expired &
Withdrawn
Sold Days on
Market
Median
Sold Price
January, 2008 87 18 101 22 113 $317,500
February, 2008 125 32 75 19 89 $220,000
March, 2008 97 24 53 16 89 $248,500
April, 2008 94 31 42 24 99 $233,000
May, 2008 92 24 78 32 115 $222,400
June, 2008 80 22 69 28 112 $227,200
July, 2008 78 19 87 29 124 $238,500

Keller Williams Realty - Atlantic Shore
Laura Giannotta
609-384-6121
Laura@JerseyShoreViews.com

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